(NUE) Nucor Corporation complete technical analysis [charts+indicators] | Buy/Sell Nucor Corporation | (NUE) share price targets
Complete technical analysis of Nucor Corporation (NUE) by charts plus indicators, forecast predictions and share price targets for Nucor Corporation (NUE)
Nucor Corporation trades in USA in Basic Industries sector.
Showing technical analysis as on 2024-10-07 View latest technical analysis
10 day averaged volume of Nucor Corporation is 1319230
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Mon Oct 2024 | 152.75 | 150.00 | 153.40 | 150.00 | 0.916 times |
| 04 Fri Oct 2024 | 151.44 | 153.29 | 154.38 | 150.93 | 0.785 times |
| 03 Thu Oct 2024 | 151.29 | 150.09 | 151.65 | 149.53 | 1.3 times |
| 02 Wed Oct 2024 | 151.45 | 153.17 | 155.15 | 150.67 | 1.173 times |
| 01 Tue Oct 2024 | 152.71 | 149.90 | 153.52 | 149.90 | 0.957 times |
| 30 Mon Sep 2024 | 150.34 | 150.13 | 150.93 | 148.91 | 1.073 times |
| 27 Fri Sep 2024 | 150.13 | 151.06 | 152.42 | 149.77 | 0.678 times |
| 26 Thu Sep 2024 | 150.59 | 152.18 | 152.54 | 149.89 | 1.048 times |
| 25 Wed Sep 2024 | 148.88 | 150.20 | 150.37 | 148.36 | 0.747 times |
| 24 Tue Sep 2024 | 150.61 | 150.06 | 152.14 | 149.44 | 1.111 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 151.7, but if it comes below 151.7, then a intra day sell could be more profitable.
If you take a sell trade below 151.7, then use 151.7 as stoploss and 147.11 as target. However if you take a buy trade in stock , then use 151.7 as stoploss and 157.3 as target.
Share price targets for Nucor Corporation (NUE)
| Target Type | Value |
| Downside Target | 133.42 |
| Downside Target | 138.40 |
| Downside Target | 144.95 |
| Downside Target | 148.91 |
| Downside Target | 152.54 |
| Upside Target | 153.40 |
| Upside Target | 155.15 |
| Upside Target | 163.75 |
| Upside Target | 167.50 |
| Upside Target | 168.77 |
Intraday share price targets for Nucor Corporation (NUE)
| Target Type | Value |
| Downside Intraday Target | 150.7 |
| Downside Intraday Target | 148.65 |
| Upside Intraday Target | 154.1 |
| Upside Intraday Target | 155.45 |
| Downside Intraday Target | 152.05 |
Weekly technical analysis of Nucor Corporation (NUE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Mon Oct 2024 | 152.75 | 150.00 | 153.40 | 150.00 | 0.173 times |
| 04 Fri Oct 2024 | 151.44 | 150.13 | 155.15 | 148.91 | 1.123 times |
| 27 Fri Sep 2024 | 150.13 | 146.62 | 152.54 | 144.95 | 0.567 times |
| 20 Fri Sep 2024 | 146.31 | 144.27 | 149.40 | 138.40 | 1.604 times |
| 13 Fri Sep 2024 | 143.59 | 141.60 | 145.14 | 133.42 | 1.145 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Nucor Corporation (NUE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Mon Oct 2024 | 152.75 | 149.90 | 155.15 | 149.53 | 0.216 times |
| 30 Mon Sep 2024 | 150.34 | 149.77 | 152.54 | 133.42 | 1.032 times |
| 30 Fri Aug 2024 | 151.91 | 162.57 | 163.75 | 139.41 | 0.908 times |
| 31 Wed Jul 2024 | 162.94 | 158.61 | 167.50 | 150.24 | 0.922 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Nucor Corporation (NUE)
Price action analysis of Nucor Corporation ( (NUE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Nucor Corporation ( (NUE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Nucor Corporation ( (NUE) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Nucor Corporation ( (NUE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Nucor Corporation stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Nucor Corporation in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Nucor Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Nucor Corporation in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Nucor Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 151.08 and Nucor Corporation (NUE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Nucor Corporation (NUE) stock. Volume based technical analysis of Nucor Corporation (NUE) stock is negative.
Nucor Corporation Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Nucor Corporation ( (NUE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Nucor Corporation ( (NUE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Nucor Corporation ( (NUE) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Nucor Corporation ( (NUE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Nucor Corporation stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Nucor Corporation in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Nucor Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Nucor Corporation in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Nucor Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 151.08 and Nucor Corporation (NUE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Nucor Corporation (NUE) stock. Volume based technical analysis of Nucor Corporation (NUE) stock is negative.
Nucor Corporation Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.